1411 Town Creek DR # 12, Austin TX 78741

The estimated value of this property is $724,807, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $710,000 and $739,000. With 5 comparable homes on the market in SOUTH SHORE POINTE, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. Being 379 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2016, this home is 6 years older than the average comp, which is reflected in the adjustments. With 5 similar homes currently listed in SOUTH SHORE POINTE (a buyer's market), competition is a factor to consider. Recent trends in 78741 show home values have fallen 8.4% since 6 months ago. The most comparable recent sale is 1215 Shore District DR, Austin TX 78741, with an adjusted value of $797,360; a strong comparable. Based on 4 relevant data points in SOUTH SHORE POINTE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX